Checked.be
Active
BE 0826.972.807Private limited company
ENTRUST-IT
Kantersteen 47 ·1000 Brussel, Belgium· 16 yrs active
Sector: Computer consultancy and computer facilities management
(62200)
Conclusion
The file of ENTRUST-IT contains 1 judicial reorganisation, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 6.4% (elevated). The 2025 annual accounts show equity of €36k and a net result of €-117k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 2591 sector peers (fiscal year 2025).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €36k |
| Net result | €-117k |
| Better than sector | 26% |
| Active | 16 yrs |
Financial profile
21
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
0
Solvency
12
Growth
32
Stability
60
Bankruptcy probability (12 mo)
Risk Assessment
10 / 100
Moderate riskComponents
· 1 judicial reorganisation (+10)
Trust signals
In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
0
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
negative equity or figures too weak
Score history
30
2021
12
2022
15
2023
96
2024
12
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.42 (< 1.0)
-10
Quick ratio
Quick ratio 0.34 (< 0.6)
-5
Leverage
Debt/equity 4.41 (> 3.0)
-10
Profitability
Negatieve ROE -329%
-10
Profit trend
Net profit down YoY
-3
Reorganisation
1 WER Boek XX-event(s)
-20
Computed by Checked from the NBB filing for FY 2025 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 19-01-2026 with the NBB · fiscal year 2025 · abbreviated schema
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.5% | 46.0% | |
| Net result | €-117k | €24k | |
| Equity | €36k | €141k | |
| Gross operating margin | €-14k | €90k | |
| Staff costs | €0 | €282k |
€198k
+1341.8%
21-25
€-117k
-
21-25
€170k
-
21-25
€193k
-28.3%
21-25
€36k
-76.7%
21-25
€-91k
-
21-25
0
-
21-25
€0
-
21-25
€0
-100.0%
21-25
€157k
+35.5%
21-25
€157k
+35.5%
21-25
€0
-100.0%
21-25
0.42
-65.9%
21-25
0.34
-72.6%
21-25
18.5%
-67.5%
21-25
4.41
+482.0%
21-25
-329.3%
-
21-25
-60.9%
-
21-25
7.08
+926.9%
21-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | +1341.8% | - | - | - |
| Net profit | - | - | +92.2% | -45.6% | - |
| Cash flow | - | - | +92.3% | -45.7% | - |
| Staff costs | - | +99.7% | - | - | - |
| Income taxes | - | - | - | -100.0% | - |
| Dividends | - | - | - | - | - |
| Total assets | -28.3% | -44.5% | -29.6% | -36.8% | - |
| Equity | -76.7% | - | -57.7% | - | - |
| Debt | +35.5% | -76.9% | -28.2% | -31.4% | - |
| of which ≤ 1y | +35.5% | -74.6% | -28.4% | -25.3% | - |
| of which > 1y | - | -100.0% | -26.2% | -63.0% | - |
| Working capital | - | - | -9.5% | -382.9% | - |
| Employees (FTE) | - | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.42 | 1.22 | 0.44 | 0.64 | 0.94 |
| Quick ratio | 0.34 | 1.22 | 0.44 | 0.64 | 0.94 |
| Working capital ratio | -47.5% | 9.6% | -52.5% | -33.7% | -4.4% |
| Solvency | 18.5% | 56.9% | -3.5% | -1.6% | 6.4% |
| Debt / equity | 4.41 | 0.76 | -29.21 | -64.20 | 2.38 |
| Long-term debt ratio | - | 0.00 | -2.62 | -5.60 | 2.38 |
| Interest coverage | - | 7.08 | 0.69 | -2.74 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -60.9% | 63.3% | -1.3% | -11.7% | -5.1% |
| ROE | -329.3% | 111.2% | 36.6% | 736.5% | -79.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €193k | €269k | €485k | €689k | €1.09M |
| Fixed assets | 21/28 | €127k | €127k | €282k | €282k | €282k |
| Tangible fixed assets | 22/27 | - | - | €0 | €133 | €265 |
| Financial fixed assets | 28 | €127k | €127k | €282k | €282k | €282k |
| Current assets | 29/58 | €66k | €142k | €203k | €406k | €807k |
| Stocks & contracts in progress | 3 | €13k | - | - | - | - |
| Amounts receivable within one year | 40/41 | €52k | €21k | €124k | €332k | €735k |
| Cash & bank | 54/58 | €0 | €39k | - | - | - |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €193k | €269k | €485k | €689k | €1.09M |
| Equity | 10/15 | €36k | €153k | €-17k | €-11k | €69k |
| Contributions / capital | 10/11 | €113k | €113k | €113k | €113k | - |
| Reserves | 13 | €0 | €40k | €0 | €11k | €11k |
| Accumulated profits (losses) | 14 | €-77k | €0 | €-130k | €-135k | €-55k |
| Amounts payable | 17/49 | €157k | €116k | €502k | €699k | €1.02M |
| Amounts payable after one year | 17 | - | €0 | €45k | €61k | €165k |
| Amounts payable within one year | 42/48 | €157k | €116k | €457k | €638k | €855k |
| Trade debts payable within one year | 44 | €2k | €26k | €243k | €307k | €357k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-14k | €199k | €13k | €-55k | €223k |
| Operating result | 9901 | €-105k | €198k | €14k | €-57k | €115k |
| Financial income | 75 | €2 | €103 | €19 | €114 | €1k |
| Financial charges | 65 | €13k | €28k | €20k | €21k | €47k |
| Result before taxes | 9903 | €-117k | €170k | €-6k | €-80k | €69k |
| Income taxes | 67/77 | - | - | - | €0 | €253 |
| Net result for the period | 9904 | €-117k | €170k | €-6k | €-80k | €69k |
| Result to be appropriated | 9905 | €-117k | €170k | €-6k | €-80k | €69k |
Legal Structure
| NACE primary | Computer consultancy and computer facilities management(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 28-06-2010 |
| Status | Active |
| Postal code | 1000 |
| First insolvency signal | 23-09-2019 |
| Latest insolvency signal | 23-09-2019 |
Establishment units
Entrust-It
since 20102.189.674.436
Mijlstraat 153, 2570 Duffel
since 20172.267.959.869
Real-estate footprint
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D0900/00E002 | Brussels | 6,828 m² | 1 · 7,874 m² | 44.7 m · 8 fl. |
| 12302C0544/00E002 | Flanders | 2,012 m² | 1 · 180 m² | 9.7 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates
Next filing, fiscal year 2026, expected by
2026
19-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-117k ▼169%
Net result drops to €-117k, the lowest in the series.
17-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 45 days late
2024
30-06
Financial
Back to profitnet €170k
Net result €170k after 3 loss-making years.
30-06
Financial
Liquidity triplescurrent ratio 1.22
Current ratio from 0.44 to 1.22; short-term debt falls from €457k to €116k.
30-06
Financial
Equity above €150kEq €153k
Equity rises from €-17k to €153k.
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-09
Judicial reorganisation
Opening
ondernemingsrechtbank Brussel · collectif · event 11-09-2019
18-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 18 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
18-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Lifecycle & Insolvency Signals
23-09-2019
Judicial reorganisation
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
IT consultancy62020Computer consultancy and computer facilities management62200Computer programming, consultancy and related activities62010Computer programming, consultancy and related activities62030Other information technology and computer services62900Computer programming62100
Names & trade names
| Legal nameNL | ENTRUST-IT |
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